Moral Outrage
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Posts Tagged ‘IMF

IMF warns US to take action on addressing debt

April 19, 2012

The International Monetary Fund issued a clarion call to bickering US politicians, urging them to solve the country’s debt problems before a still-vulnerable economy is tipped over the brink. In a hallmark semi-annual report, the Washington-based fund warned policymakers on the other side of the US capital that, while the world’s largest economy is improving, […]

Nigeria the latest target for IMF Hegemony and AFRICOM?

January 8, 2012

As the United States African Command (AFRICOM) begins to gain a foothold into the African continent with its troops officially present in Eritrea and Uganda in an effort to maintain security and remove other theocratic religious groups, the sectarian violence in Nigeria provides a convenient pretext for military intervention in the continuing resource war. And […]

IMF confirms world economy has entered a dangerous new phase

September 20, 2011

The world economy has entered a “dangerous new phase,” according to the chief economist of the International Monetary Fund. As a result, the international lending organization has sharply downgraded its economic outlook for the United States and Europe through the end of next year. “The global economy has entered a dangerous new phase,” said Olivier […]

IMF warns US debt ceiling delay will damage world economies

July 28, 2011

The International Monetary Fund urged the United States to swiftly raise the debt ceiling to ward off risks of a credit downgrade that could damage the global economy. Facing an August 2 deadline after which the United States may not be able to issue more debt, both sides have so far refused to compromise on […]

Entering a new phase of the global economic crisis

June 18, 2011

The International Monetary Fund has cut its economic growth forecast for the United States and warned that we are “playing with fire” by not taking immediate step to address our long-term debt. The global lender forecast that U.S. gross domestic product would grow an anemic 2.5 percent this year and 2.7 percent in 2012. “You […]

Demise of Dominique Strauss-Kahn or the US Dollar

May 20, 2011

The media is trying to dig up as much dirt as they can on Dominique Strauss-Kahn so they can hang the man before he ever sees the inside of a courthouse. Aren’t you at all curious about who’s behind this “lynching by media” scam? It’s about the dollar. Strauss-Kahn was mounting an attack against the […]

Dominique Strauss-Kahn some facts to consider

May 19, 2011

The International Monetary Fund’s director, Dominique Strauss-Kahn, was arrested last Sunday in New York City on the allegation of an immigrant hotel maid that he attempted to rape her in his hotel room. Strauss-Kahn, like former New York Governor Eliot Spitzer, was a threat to the system, and, like Eliot Spitzer, Strass-Kahn has been deleted […]

Time ticking for US dollar as world’s reserve currency

April 28, 2011

The Fed’s relentlessly easy monetary policy combined with Congress’s reckless spending have driven investors out of the United States and into Asia, South America and elsewhere in search of higher returns and more sustainable growth. This incoming wall of money puts the central bankers in these countries in a bind. If they do nothing, the […]

The Age of America nears its end by 2016

April 26, 2011

The International Monetary Fund has just dropped a bombshell, but hardly anyone noticed. For the first time, the international organization has set a date for the moment when the “Age of America” will end and the U.S. economy will be overtaken by that of China. And it’s a lot closer than you may think. According […]

Western banks and US Treasury the winners from IMF and World Bank moves

October 23, 2010

Revelations from Joseph Stiglitz, the World Bank’s former Chief Economist, include how the IMF and US Treasury fixed the Russian elections. Most ill-making for Stiglitz is that the US-backed oligarchs stripped Russia’s industrial assets, with the effect of cutting national output nearly in half, causing depression and starvation. Stiglitz also told me about his unhappy […]